TLDR Tech / Crypto
Aztec Network Proceeds with TGE Despite Bear Market
Aztec Network is proceeding with its TGE following community governance approval, despite bearish market conditions, positioning the move as confidence in their privacy infrastructure built since 2017. The tokenomics structure diverges from typical launch patterns with no airdrop distribution, 36-month insider lockups with no insider staking permitted, and over 60% of tokens already staked despite the absence of liquid staking options. Price discovery occurred through Uniswap's CCA mechanism that seeded the third-largest Uniswap V4 pool with 273M AZTEC and 4,234 ETH, with Alpha Network targeting a Q1 2026 launch.
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